SSOB Merchant Settlement Guide

The following table shows cases of different self-service onboarded (SSOB) merchants based on their account activation (KYB-know your business) and surpassing the client wallet account minimum of $100.

Settlement Matrix for SSOB Merchant

Merchant Example Merchant KYBed? Settlement threshold (USD 100) meet? Can merchant ask for settlement? Type of Settlement
A Yes No Yes. But Rapyd will require at least $100 minimum in the client wallet. Manual Settlement. Please send FinOps the ticket on this request.
B Yes Yes Yes. Auto-settlement. No additional fee here Auto-settlement. Check with FinOps if the amount was settled.
C No No No N/A
D No Yes No N/A

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